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marioc21

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Posts posted by marioc21

  1. I think that Sprint wants to elevate its market cap to approximately equal to T-Mobile's. Right now Sprint's is about $33-34B and T-Mobile's is $47B.

     

    Related, didn't Marcelo have a large number of stock options that he could cash in once the stock price hit $8?  I see the price is currently at $8.42/share.  I wonder if we'll see an SEC filing next year regarding Marcelo selling stock.  

  2. I believe merger between Sprint and tmobile might happen sooner than people think.  Fcc Wheeler will step down on Jan 20.  After Wheeler steps down, there will be 4 republicans to 1 democrat on Fcc committee.  Very likely, merger will be approved.

     

    Aren't the commissioners always split 3-2? So even after Trump makes his appointment for commissioner it would still be 3-2 R. 

  3. Reading through Light Reading's articles about Sprint, I came upon this nugget:

     

    "...CEO Marcelo Claure told an audience of financial analysts in New York City that Sprint Corp. (NYSE: S) is planning to lease a tranche of its spectrum out to potential interested parties "as soon as possible."..."

     

    http://www.lightreading.com/mobile/spectrum/sprint-ceo-well-lease-spectrum-as-soon-as-possible/d/d-id/726249

     

    I don't think that this is the sale and lease back of its own spectrum. So who might be interested?

     

    That story looks to be from back in September. I think he's just referring to the sale/leaseback notes they put out. 

  4. Just recently my N4 has been informing me that I have "weak charging" - my phone draining faster than the phone can charge.  I'v tried a new battery, but that hasn't worked.  I've stopped using FB Messenger as that was a battery hog.

     

    Is it possible that the software update introduce some bloatware that is using up my resources?  Never had this problem before.  Or is it likely that it is just an old phone that needs a repair?

     

    I can't say I've ever gotten that specific message before.  Does it give you the message with any charger you try to use or is it one specific charger? 

  5. Sprint preliminary results

     

    The company sees FQ2 net operating revenue of $.825B, up 3% Y/Y, and wireless net operating revenue of $7.85B up nearly 5%.

    Net loss of $142M vs. $585M a year ago, with this quarter's result boosted by a non-cash gain of $218M.

    Operating income of $622M vs. a $2M loss a year ago, again boosted by that non-cash gain ($354M pretax).

    Adjusted EBITDA of $2.35B up 17% Y/Y.

    Adjusted free cash flow of $707M vs. a negative $100M a year ago.

    Total Sprint platform net additions of 740K during quarter, including postpaid net additions of 344K, prepaid net losses of 427K, and wholesale and affiliate net additions of 823K.

    Total postpaid churn of 1.52% slipped two basis points, and postpaid phone churn of 1.37% was lowest in company

     

    Reading the 8-K filings it looks like total platform churn of 1.52% improved by two basis points year-over-year. So it actually decreased from the 3rd quarter number last year. 

     

    Here's the filing for anybody who wants to read:  https://www.sec.gov/Archives/edgar/data/101830/000119312516740226/d268385d8k.htm

    • Like 1
  6. It's actually a smart move. What exactly binds the new owner from just leasing it to somebody else? Contract?

     

    This sounds similar to what T-Mobile did when they sold their cell towers off a year or two ago and started leasing them.

     

    I actually misread the news release.  Sprint is transferring ownership to three subsidiaries created and by Sprint. They in turn are issuing notes backed by the spectrum holdings that Sprint is transferring. So Sprint still effectively owns the spectrum. 

    • Like 3
  7. Well, here's the spectrum sale/lease announcement. $3.5 billion initial sale/leaseback. 

     

    http://seekingalpha.com/pr/16631213-sprint-corporation-announces-private-placement-offering-wireless-spectru

    A couple of paragraphs about what pieces they're selling. 

     

     

    The Issuers’ directly owned subsidiaries will acquire a portfolio of FCC licenses and a small number of third-party leased license agreements (the “Spectrum Portfolio”) from subsidiaries of Sprint, which comprise a portion of Sprint’s 2.5GHz and 1.9GHz spectrum holdings, representing approximately 14 percent of Sprint’s total spectrum holdings on a MHz-pops basis.

     

    The Spectrum Portfolio is currently utilized by approximately 77 percent of all of Sprint’s 2.5GHz enabled sites and approximately 33 percent of Sprint’s 1.9GHz enabled sites. The Spectrum Portfolio will be leased back to Sprint Communications Inc. pursuant to a long-term lease agreement, the rental payments for which are sufficient to service the Notes. Based on an independent third-party valuation, the central value of the Spectrum Portfolio as of June 30, 2017, based on the various assumptions and limitations set forth in the valuation report, is approximately $16.4 billion.

     

    • Like 3
  8. New update showed up on my phone. Downloading now. Expecting it to be the August security patch. 

     

    Update:

     

    The update is now installed and it looks like Samsung just skipped the August patch and went straight to September's.  My phone is now showing a Security Patch Level of September 1, 2016.  Don't know what else came along for the ride though.

    • Like 1
  9. I think since you are on a lease already you can just turn it in and start the new lease. I am not on a lease and don't reach the 2 years til Oct but I still have the option to start a 24 month payment plan or a lease.

    I know that at the end of the lease I can turn it in and get a new phone or pay off the remaining balance and keep the phone.  I didn't think they let you turn it in early.  I was wondering if they were running some kind of promotion. 

  10. So I logged into my account just now and saw that Sprint is saying I am upgrade eligible.  This surprises me since I still have 9 more lease payments left on my note 4.  Is Sprint doing this for old Note users?  Anybody else get a surprise upgrade eligibility?

  11. Just since the update to marshmallow, that's why I don't really think it's hardware related. I've done a factory reset and it didn't fix it.

     

    Sent from my SM-N910P using Tapatalk

     

    I can tell you what I figured out.  After the marshmallow update I set up encryption on my phone and mine would inevitably reboot about once a day after it was sitting for a while and I would pick it up and hit the home button.  I think I finally figured out that Doze was putting the fingerprint reader and security processes into deep sleep. So whenever I went to wake up the phone once it was out for a while it would go a bit crazy trying to wake up and re-authenticate the security settings.  I went into the battery settings and turned off battery optimization for all of the apps that seemed like they were security related.  Since then my phone hasn't done a reboot since. 

     

    So even if you don't have encryption turned on or use the finger print reader you might want to check that out.  Maybe turn off doze for every app and see how that goes.  Then add doze back one app at a time. 

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